ERSTE GROUP BANK AG (EBS.VI) Stock Technical Analysis
VIE:EBS - Wiener Boerse Ag - AT0000652011 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to EBS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EBS is showing a nice and steady performance.
EBS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 69.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EBS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
55.68
We found 3 important support areas.
- A support zone ranging from 61.83 to 63.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.00 to 59.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.24 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 69.68 to 69.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 69.69 | 61.65 | 8.04 (11.54%) | 8.67% |
| An entry @69.69. This is a Buy Stop order right above the resistance zone. | An exit @61.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.04 points, which is 11.54%. | For a 1.00% total portfolio risk, you can invest 8.67% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VIE:EBS (3/7/2025, 5:36:15 PM)
67.52
-0.52 (-0.76%)